1205 12 SW st - 12th & 12th Development Site 0.22 Acres of Commercial Land Offered at $2,336,602 USD in Calgary, AB T3C 3W9


INVESTMENT HIGHLIGHTS
- A development permit (DP2024-08296) was submitted to the City of Calgary in November 2024. It is transferable and allows for a shovel-ready project.
- 1309 12 Ave SW, a multi-residential building directly west of the Site, can be acquired.
- Plans include two 4-storey buildings with a total gross floor area of 16,805 SF.
- This would increase the total developable land to approximately 16,300 SF and is zoned CC-MHX, the same as the subject property.
EXECUTIVE SUMMARY
PROPERTY FACTS
Price | $2,336,602 USD |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | Mixed Use |
Total Lot Size | 0.22 AC |
Zoning | CC-MHX - Centre City Multi-residential High Rise Support Commercial District |
1 LOT AVAILABLE
Lot
Price | $2,336,602 USD |
Price Per AC | $10,409,325.21 USD |
Lot Size | 0.22 AC |
DESCRIPTION
The Site occupies a prominent corner lot position at 12 Avenue SW and 12 Street SW, in the Beltline neighbourhood of Calgary, Alberta. • Walking distance to several retail amenities including 17th Avenue SW – Calgary’s entertainment district • A 10-minute walk to the Sunalta train station • Walking distance to the Bow River and the Bow River Pathway • Within a short drive to other trendy communities including Kensington, Bridgeland and Mission.